Magsoft Technologies Private Limited

Special purpose machinery manufacturing company.

2016 | Amravati, Maharashtra (India) | Active
Last Updated: December 24, 2024

Magsoft Technologies Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2019
  • Revenue Growth -7.15%
  • Profit Growth -44.18%
  • Ebitda -50.54%
  • Net Worth 23.18%
  • Total Assets -54.35%

About Magsoft Technologies

Magsoft Technologies Private Limited (MTPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 29 February 2016 (Eight years and 11 months 4 days old ). Its registered office is in Amravati, Maharashtra, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Heda and Kunal Manoj serve as directors at the Company.

Company Details

  • Location

    Amravati, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29253MH2016PTC273602

  • Company No.

    273602

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Feb 2016

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Magsoft Technologies Private Limited offer?

Magsoft Technologies Private Limited offers a wide range of products and services, including Gate, Grilles, Fences & Railings, Boundary Fencing, Solar & Renewable Energy Products, Solar Products.

Who are the key members and board of directors at Magsoft Technologies?

Board Members (2)

Name Designation Appointment Date Status
Kunal Manoj Country flag representing In Director 29-Feb-2016 Current
Mahendra Heda Country flag representing In Director 29-Feb-2016 Current

Financial Performance of Magsoft Technologies.

Magsoft Technologies Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 7.15% decrease. The company also saw a substantial fall in profitability, with a 44.18% decrease in profit. The company's net worth Soared by an impressive increase of 23.18%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-7.15%
Revenue from Operations
-8.32%
Total Assets
-54.35%
Profit or Loss
-44.18%
Net Worth
23.18%
EBITDA
-50.54%

What is the Ownership and Shareholding Structure of Magsoft Technologies?

In 2019, Magsoft Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Magsoft Technologies?

Unlock and access historical data on people associated with Magsoft Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magsoft Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magsoft Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magsoft Technologies

Recent activity within the organization

  • Annual General Meeting

    Magsoft Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Magsoft Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Director Appointment

    Mahendra Heda was appointed as a Director was appointed as a Director on 29 Feb 2016 & has been associated with this company since 8 years 11 months .

    29 Feb 2016

  • Director Appointment

    Kunal Varma Manoj was appointed as a Director was appointed as a Director on 29 Feb 2016 & has been associated with this company since 8 years 11 months .

    29 Feb 2016

  • Company Incorporation

    Magsoft Technologies Private Limited was registered on 29 Feb 2016 with Roc Mumbai & aged 8 years 11 months as per MCA records.

    29 Feb 2016

Frequently asked questions

  • Magsoft Technologies Private Limited was incorporated on 29 Feb 2016.

  • The authorized share capital of Magsoft Technologies Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Magsoft Technologies Private Limited.

    • Mahendra Heda
    • Kunal Varma Manoj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Magsoft Technologies Private Limited is New Swastik Nagar, India, Amravati, Maharashtra, 444701.

  • The corporate identification number (CIN) of Magsoft Technologies Private Limited is U29253MH2016PTC273602 and the company number is 273602 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Magsoft Technologies Private Limited has fallen by -7.15%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Magsoft Technologies Private Limited has experienced an upsurge of 23.18%.

  • The most recent Balance Sheet for Magsoft Technologies Private Limited was filed with the ROC on 31 Mar 2019.